Understanding the major and minor differences in legislation and regulations governing labor relations, executive compensation, recruiting, employment, training and development, employee relocations and human rights, among others, is essential for multinational companies. Having a local guide with first-hand knowledge of the cultural differences from country to country can have a major impact on successful human resources management and your organization's ability to comply with local laws.
World Law Group's Human Resources Law Practice Group is made up of member firm representatives working in these and related fields around the globe. They meet regularly by teleconference and at World Law Group member conferences to exchange information about emerging HR issues, challenges and global solutions for multinational clients. The group also works on comparative law projects and resources, and organizes webinars and other informative events for member firm lawyers and their clients.
Many members have also worked on multinational teams brought together to assist clients on specific HR law challenges, including multi-country workforce reductions (often following a cross-border merger or acquisition), advising on the formation of multinational profit-sharing plans, and various compliance training programs.
Many businesses with cross border operations (but lacking a branch network or overseas subsidiaries in those jurisdictions) rely on their globally mobile employees to maintain relationships with their overseas customer bases.
Increasingly companies are coming to understand the value of investing time in helping to shape and influence the laws and regulations to which they are subject, particularly while regulatory frameworks are still in the development stage.
Competition authorities around the world have chosen a new target for investigations: the no-poaching agreements and the wage-fixing agreements, and the tendency is for the Administrative Council for Economic Defense to start examining the antitrust impacts of these agreements/conducts in Brazil.